Market Insights
From major acquisitions and new developments to shifting trends and standout deals, we bring you fresh updates, local stories, and expert takes on the commercial real estate moves shaping our region. Whether you’re tracking the latest transactions or just curious about what’s next, we’ll keep you in the loop with news that’s timely, relevant, and easy to digest.
According to the Providence Business News, Lightstone acquired the industrial property at 100 Technology Way in Smithfield for $68 million in a transaction involving a facility leased to Organogenesis Holdings Inc. The seller was The Davis Cos., which had purchased the property in 2023 for $18.5 million, marking a substantial increase in value over a […]
According to the Hartford Business Journal, Brady Sullivan Properties paid $3.9 million for two office buildings at 1 and 3 Waterside Crossing in Windsor that it plans to convert into 171 apartment units. The transactions included a $1.1 million purchase of a 91,100‑square‑foot building on 12.2 acres at 1 Waterside Crossing and a $2.8 million […]
According to the Hartford Business Journal, Progressive Insurance signed a 26,600‑square‑foot lease for the full second floor at 30 Batterson Park Road in Farmington, relocating operations from 40 Commerce Court in Newington. The leased space represents roughly one‑third of the 85,000‑square‑foot office building, based on CoStar data. Click Here: Progressive Insurance leasing full floor in […]
According to the Hartford Business Journal, Stanley Black & Decker sold a vacant 162,443‑square‑foot warehouse at 140 Knollwood Drive in Clinton for $200,000. The industrial building, constructed in 1962, sits on a 37.3‑acre site and includes six loading docks and six drive‑in doors, but has been unused for several years. Click Here: Stanley Black & […]
According to the Hartford Business Journal, Westport 2‑14 Post Road LLC acquired a two‑story mixed‑use property at 2–14 Post Road E. in downtown Westport for $5.15 million. The 13,034‑square‑foot building, constructed in 1973 on a 0.18‑acre parcel, contains 10 residential apartments and three ground‑floor retail spaces, with most of the space currently leased. The seller […]
According to the Hartford Business Journal, Tunxis Road LLC is seeking feedback from Newington officials on a proposal to rezone a 5‑acre residential parcel at 180 Carr Ave. for industrial development. The site is part of a larger 11.65‑acre property that straddles the Newington–New Britain line, with the New Britain portion already zoned for industrial […]
